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Regulatory

Crypto operator to fork out millions after court ruling

BY ANDREW MCKEAN | FRIDAY, 13 DEC 2024 12:39PM

Bit Trade, the operator of the Kraken Exchange in Australia, has been slapped with an $8 million fine for "unlawfully issuing a credit facility to more than 1100 customers."

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Read more: Bit Trade, ASIC, Crypto, Digital assets, DDO, Kraken Exchange, Bitcoin, Federal Court, Joe Longo

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